On the contrary, a foreigner's taxable U.S. estate only includes U.S. situs assets.[1] The definition of U.S. situs assets includes real property, but excludes some intangible property such as stock in foreign corporations.The estate tax is currently levied on the estates of natural persons at a maximum 45% rate, increasing to 55% in 2011.

Originally posted by Judi Boad:...learning how to list REOs and short sales, working with asset managers and recreating our business models.Judi - The majority of agents working MLS REOs whether a listing agent or otherwise have been a complete waste of time for me.

The reason is that I just saw an episode of Judge Judy where a tenant signed a lease with a landlord,moved into the property and did not pay for 5 months rent because the tenant was using the rent money to pay off legal fees due to his divorce in which case the tenant was squatting.

For an example of why, just watch any episode of Judge Judy or People's Court :)

We literally pay them to sit home on their butts all day and watch Judge Judy on their big screen tv.

Our "poor" people sit in their Section 8 rental watching Judge Judy reruns on their big screen tv while eating potato chips purchased with their SNAP card (food stamps) and occassionally chatting on their taxpayer-paid cellphone!

The problem they are having is that the University of Phoenix is still seen through most peoples eyes as being what I would refer to as a "Daytime TV College" (You know the ones that advertise between episodes of Judge Judy and tell you about how easy it is to get a degree in your spare time).

@James she already has the tax record within PropertyRadar, it shows both the situs address and the mailing address, and I believe she is saying it is the same in this case.

@Judy P.

@Judy H.